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Select edible oils gain on buying by millers

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Press Trust of India New Delhi
Last Updated : Dec 23 2014 | 2:50 PM IST
Prices of select edible oils firmed up by Rs 100 per quintal at the wholesale oils and oilseeds market today on increased buying by vanaspati millers and retailers against tight supplies from producing belts.
In the non-edible section, castor oil also rose on increased offtake by consuming industries.
Traders said increased buying by vanaspati millers and retailers against tight supplies from producing regions mainly led to the rise in select edible oil prices.
They said a firming trend overseas also influenced the sentiment.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils moved up by Rs 100 each to Rs 5,700 and Rs 5,500 per quintal, respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also enquired higher by a similar margin to Rs 6,400 and Rs 6,100 per quintal, respectively.

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Mustard exepeller oil (Dadri) oil too shot up by Rs 100 to Rs 7,550 per quintal.
In the non-edible section, castor oil edged up by Rs 50 to Rs 9,650-9,750 per quintal.
Following are today's quotations (in Rs per quintal):
Oilseeds: Mustard seed 2,950-3,050 and Groundnut Seed 2,150-2,900.
Vanaspati Ghee (15-litre tin) 960-1,130.
Edible oils: Groundnut Mill Delivery (Gujarat) 8,050, Groundnut Solvent Refined (per tin) 1,350-1,400, Mustard expeller (Dadri) 7,550, Mustard Pakki Ghani (per tin) 1,220- 1,270, Mustard Kachi Ghani (per tin) 1,270-1,370, sesame mill delivery 7,800, Soyabean Refined Mill Delivery (Indore) 6,400, Soyabean Degum (Kandla) 6,100, Crude Palm Oil (Ex-Kandla) 4,100, Cottonseed Mill Delivery (Haryana) 5,650, Palmolein (RBD) 5,700, Palmolein (Kandla) 5,500 and Coconut (per tin) 2,450-2,475.
Non-edible oils: Linseed 8,150, Castor 9,650-9,750, Neem 5,350-5,450.

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First Published: Dec 23 2014 | 2:50 PM IST

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